Savings

Whether you’re saving for something in the future or just for a rainy day, regular saving is a good idea. Regular saving with Carrickmacross Credit Union is an even better idea.

At Carrickmacross Credit Union, you’re not just a customer; you’re a member-owner of a successful financial cooperative. You have the added bonus of knowing that your savings are being used to make loans to other members. Members just like you.

 

Start Saving today – It’s simple and convenient with Carrickmacross Credit Union

You can save using any of the following methods:

  • Electronic Funds Transfer.
  • Direct Debit – simply complete a direct debit mandate form available in branch or online.
  • Get your wages paid directly into the Credit Union using Electronic Fund Transfer (EFT).
  • Put a small sum away directly from your wages every month using the Salary deduction.
  • Over the phone using a VISA/Debit Card.
  • Simply call into our office and pay over the counter.

 

Benefits of Credit Union Savings

  • Savings balances over and above any loan you may have are available to you to withdraw on demand.
  • Dividends for savings available on demand, you will not get a higher return at the same level of risk. (subject to prudent balance sheet provisioning).
  • Free life cover on saving up to €7,700 as and from January 1st 2018 (subject         to terms and conditions)
  • There are no transaction charges or fees.
  • Covered up to €100,000 under the Deposit Guarantee Scheme.
  • A separate Savings Protection Scheme is in place to protect the credit union